2007 Session

Budget Amendments - HB1650 (Conference Report)

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Limitations on Cost Overruns (language only)

Item C-0 #1c

Item C-0 #1c

General Conditions
General Conditions

Page 527, after line 19, insert:
"O. Any capital project that has received a supplemental appropriation due to cost overruns must be completed within the revised budget provided.  If a project requires an additional supplement, the Governor should also consider reduction in project scope or cancelling the project before requesting additional appropriations.  Agencies and institutions with nongeneral funds may bear the costs of additional overruns from nongeneral funds."

(This amendment places limitations on future cost overruns on capital projects.)